Financial Reports

Annual and Quarterly Reports

In accordance with the City's management and financial reporting policy FIN-025-C, Annual and Quarterly Reports include: analysis of year to date unconsolidated financial operating results compared to budgets; forecast financial operating results compared to budgets: analysis of capital projects; assessment of the City's financial position; and update on progress of corporate goals and initiatives included in the City’s Strategic Plan, status of key operational work plan projects, and operational highlights.

Annual Financial Statements

The annual consolidated financial statements of the City of Fort Saskatchewan are prepared by administration in accordance with Canadian public sector accounting standards and are audited by auditors appointed by Council.

The consolidated financial statements reflect the assets, liabilities, revenues, expenses, and change in net financial assets (net debt) of the City and the Fort Saskatchewan Public Library.